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snow_lady [41]
2 years ago
7

Last year if 97 percent of the revenues of a company came from domestic sources and the remaining revenues, totaling $450,000, c

ame from foreign sources, what was the total of the company's revenues?
Business
1 answer:
serg [7]2 years ago
7 0
If 97% came from domestic sources then 3% came from foreign sources. This means that $450,000 is 3/100 of the total amount. You need to divide 450,000 by 3 to get 1/100 (1%) of the total amount, then multiply that number by 100 to give you the sum of 100/100 (100%) of the company's revenues:
450,000/3=150,000×100= $15,000,000
So, the company made $15,000,000 last year


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Digiron [165]

Answer:

Explanation:

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(C) Transaction price - Present value should be transaction price i.e $417,600 and the remaining amount $32,400 ($450,000 - $417,600) would be recognized over the 24 months i.e 18 months + 6 months

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Answer:

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7 0
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saw5 [17]

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2 years ago
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NikAS [45]

Answer:

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